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Tag "Equities"

Fashion eyes sustainability via the circular economy

Fashion eyes sustainability via the circular economy

🕔12:01, 30.Jul 2021

The textiles industry is one of the most pollutive in the world, emitting more CO2 than aviation and shipping combined. But a leading sports firm is showing one way the sector can embrace radical change. I love shopping for clothes

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As the Global Economy Recovers, Japan Stands in the Spotlight

As the Global Economy Recovers, Japan Stands in the Spotlight

🕔11:19, 30.Jul 2021

Upbeat outlook as Japanese market is highly geared to global recovery. While Japanese equities made solid progress during the first half of 2021, the TOPIX gaining 8.52%, year-to date (as of May 28, 2021), performance has ultimately disappointed, with Japan

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China – Economically inspiring

China – Economically inspiring

🕔12:29, 29.Jul 2021

China was first to recover economically from Covid-19. However, its stock exchanges do not reflect this: equities have been under pressure since the Chinese New Year. That should not be a surprise since China’s growth momentum has been fading. It

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AA Q3 outlook: Summertime for investors? 2021

AA Q3 outlook: Summertime for investors? 2021

🕔00:33, 29.Jul 2021

We continue to favour staying long equities, and are prepared to increase our exposure in a dip, as investors bask in the sunshine of a global economy in mid-cycle. From a strategic perspective, the current market environment is increasingly challenging

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Factorbeleggen kent een goed eerste half jaar

Factorbeleggen kent een goed eerste half jaar

🕔14:11, 28.Jul 2021

Waarde weer op waarde geschat De door grote Amerikaanse technologie gerelateerde bedrijven veroorzaakte bubbel heeft voor langdurige problemen gezorgd voor de value factor. Sinds de aankondiging van de succesvolle ontwikkeling van coronavaccins, begin november 2020, is die trend doorbroken. De

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Consumer revenge – the next stage of the recovery in europe

Consumer revenge – the next stage of the recovery in europe

🕔13:44, 28.Jul 2021

Is pent-up consumer demand the key to unlocking value in Europe? In this article, John Bennett, Director of European Equities, considers some of the meaningful trends he believes could drive positive momentum in the region. Key takeaways As we progress

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Just a bump in the road?

Just a bump in the road?

🕔10:56, 23.Jul 2021

Despite investor worries about the impact of semiconductor shortages to automotive production and input cost inflation, the automotive industry remains healthy and the evolution of the industry towards electric vehicles remains strong. 

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A Moderating Outlook for Equities

A Moderating Outlook for Equities

🕔08:41, 23.Jul 2021

KEY INSIGHTS Our Asset Allocation Committee modestly decreased the allocation to equities recently, given elevated stock valuations and a moderating economic outlook. In our view, key performance drivers may peak in the near term, which could temper potential equity returns

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The end of the beginning?

The end of the beginning?

🕔16:26, 22.Jul 2021

Strategic Sector Selector The resilience of the rally in global equities was tested in the second quarter of 2021 by a resurgence of COVID-19 cases and more hawkish messages by the US Federal Reserve. However, markets continued to grind higher

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How Far Are We in This Value Rotation?

How Far Are We in This Value Rotation?

🕔12:45, 21.Jul 2021

KEY INSIGHTS The value style of investing “caught a bid” after encouraging vaccine news from Pfizer last November. Since then, the value style dramatically outperformed the growth style. This came after a decade of underperformance. The extreme divergence in performance between

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Summer rebound

Summer rebound

🕔08:06, 21.Jul 2021

House View  Restrictions are being lifted in the developed world releasing pent-up demand. Fiscal and monetary policy remains hugely accommodative. This will result in high growth figures in the coming quarters. The pandemic is however far from over as variants

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Inflation-hedging your portfolio? Beware of unintended consequences

Inflation-hedging your portfolio? Beware of unintended consequences

🕔15:28, 20.Jul 2021

Investors may be concerned about how to protect their portfolios from the impact of higher inflation. Investments such as commodities, real estate and equities have historically outperformed when prices rise. But performance doesn’t tell the whole story. These asset classes

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Mid-Cycle Investing: Time to Get Selective

Mid-Cycle Investing: Time to Get Selective

🕔09:21, 20.Jul 2021

SUMMARY The global economy is in a mid-cycle expansion, following peaks in policy support and growth, and what is likely a transitory spike in inflation. We expect global growth to moderate to a still abovetrend pace in 2022. Growth-oriented assets, such as equities

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A taxing question for U.S. stocks

A taxing question for U.S. stocks

🕔08:20, 16.Jul 2021

We see equities in developed markets (DMs) outside the U.S. as better positioned to capture the …

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Thematic investing set to transform asset management?

Thematic investing set to transform asset management?

🕔10:41, 15.Jul 2021

Thematic investing is no longer niche. Assets in these funds have grown at an annual rate of 37% since 2018, but the unprecedented events of 2020 in the wake of the COVID-19 pandemic significantly boosted this growth to

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Sector Compass Monthly Update

Sector Compass Monthly Update

🕔14:47, 14.Jul 2021

June showed similar trend characteristics to earlier in the year, with value and cyclical exposures rising again — but with a hint of caution caused by the emergence of new COVID variants and concerns over Fed tapering. Europe and the

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Infra debt: Investing in the backbone

Infra debt: Investing in the backbone

🕔10:29, 14.Jul 2021

Market weekly: Investors are continuing to search for sources of income in the current low-yield environment marked by, for example, modest returns from equities and bonds, bringing to the fore the merits of an allocation to infrastructure debt. This source

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Global economic slowdown ahead?

Global economic slowdown ahead?

🕔13:05, 13.Jul 2021

When we entered the second quarter of 2021, we stated in Allocation Views that “sometimes it is right to just go with the flow, at least for a while.” We thought that “this is perhaps one of those times” when

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Fed in a balancing act

Fed in a balancing act

🕔10:16, 13.Jul 2021

The economic normalization process is well under way in regions where the vaccine roll-out has been smooth. Inflation numbers and expectations have risen sharply, but we see this as transitory. During the June FOMC meeting, the Fed made a hawkish

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Taking sustainability to the next level. It’s time for the Elite

Taking sustainability to the next level. It’s time for the Elite

🕔08:46, 13.Jul 2021

The Covid-19 pandemic has brought unprecedented uncertainty to financial markets. Yet the demand for sustainable ETFs in Europe has been…

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Japan Ups the Ante on Corporate Governance and Regulatory Reform

Japan Ups the Ante on Corporate Governance and Regulatory Reform

🕔11:56, 12.Jul 2021

One of the most significant achievements of former Prime Minister Shinzo Abe’s “Abenomics” economic reform strategy has been the improvement in Japanese corporate governance standards. The government’s prioritizing of …

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Constructing a Chinese Equities Portfolio

Constructing a Chinese Equities Portfolio

🕔11:20, 12.Jul 2021

China continues to undergo enormous change, and there are many factors to monitor in this massive and highly complex economy. Significant change continues in relation to China’s economic model, with concerted efforts to focus more on …

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European equities: look for the winners to play the reflation trade, value revenge, and ESG disruption

European equities: look for the winners to play the reflation trade, value revenge, and ESG disruption

🕔09:35, 9.Jul 2021

Today, all eyes are on Europe. While the strongest national European football teams are animating a great competition, which is also signalling a sort of return to normality for Europeans, investors’ appetite for European equities is back and for good

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July/August 2021 CROSS ASSET Investment Strategy

July/August 2021 CROSS ASSET Investment Strategy

🕔20:07, 7.Jul 2021

Waters appear calm, but there are strong undercurrents. Large economies are at different stages of their journey towards peak acceleration, but rising…

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Things are so good that it’s time for a break

Things are so good that it’s time for a break

🕔20:05, 7.Jul 2021

A buoyant economic recovery, record stock markets and calm bond markets. Things have been going all too well and the next surprises are unlikely to be positive. Global economic growth is slightly up, so are equity price targets, though, we see

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Hout: duurzame én innovatieve belegging

Hout: duurzame én innovatieve belegging

🕔13:55, 6.Jul 2021

Zowel het momentum als de vooruitzichten op lange termijn zijn gunstig voor beleggingen in de brede waardeketen rond hout. Van de aanplanting van bossen tot de verwerking van hout tot enkele van de meest innovatieve materialen.  De Timber-strategie van Pictet

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Guide to the Markets – Q3 2021

Guide to the Markets – Q3 2021

🕔10:15, 6.Jul 2021 Read Full Article
Revisiting Tesla’s Addition to the S&P 500: What’s the Cost, Before and After?

Revisiting Tesla’s Addition to the S&P 500: What’s the Cost, Before and After?

🕔13:35, 1.Jul 2021

We have observed that additions and deletions to the S&P 500 Index follow a dependable pattern: additions underperform and deletions overperform overthe subsequent12-month period. The December 2020 rebalance out of AIV and into TSLA lived up to this pattern rather

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Constructing a Chinese Equities Portfolio

Constructing a Chinese Equities Portfolio

🕔11:10, 29.Jun 2021

Seek to exploit market inefficiencies and extract value from entire investment universe. China continues to undergo enormous change, and there are many factors to monitor in this massive and highly complex economy. Significant change continues in relation to China’s economic

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Gains Still to Be Found in Chinese Equities

Gains Still to Be Found in Chinese Equities

🕔10:39, 28.Jun 2021

Corporate earnings will likely be the focus after a post‑pandemic recovery. China’s economy is on the right track to recovery in 2021. We expect the Chinese consumer to play a bigger role this year, thanks to pent‑up demand. Successive holidays and festivals

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European equities – Closing the gap

European equities – Closing the gap

🕔14:46, 9.Jun 2021

European equities have staged a spectacular rebound: Since their March 2020 low, they are up by more than 60%. So far this year, they have gained more than 13%. Still, there is the perception that the European market has significantly

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Podcast: European equities: About to catch up (podcast)

Podcast: European equities: About to catch up (podcast)

🕔14:44, 8.Jun 2021

Fund flows to date have massively favoured US equities, but European equities now have considerable scope to catch up as the economic recovery broadens and investors reassess their valuations relative to their more expensive US counterparts. Peter Abbott, European equities portfolio

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“ROOM TO RUN” WITH US SMALL-CAP VALUE STOCKS?

“ROOM TO RUN” WITH US SMALL-CAP VALUE STOCKS?

🕔14:43, 3.Jun 2021

We believe small-value stocks have an appropriate role in portfolios with a longterm investment horizon and that many investors may be underexposed to smallvalue stocks today. 

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Podcast: The sun still rises in the East

Podcast: The sun still rises in the East

🕔13:22, 2.Jun 2021

Assessing opportunities and risks in mainland China: Key takeaways: In a post pandemic world, China offers unique growth prospects China’s share of global asset allocations has increased and the trend is only starting In sharp contrast to many developed markets,

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Prospects Brighten for Global Dividend Stocks

Prospects Brighten for Global Dividend Stocks

🕔08:26, 25.May 2021

Post‑pandemic recovery will likely aid company earnings and dividends.  Equity dividend or income strategies had a particularly difficult time in 2020, thanks to the deep, if short‑lived, global recession triggered by the coronavirus pandemic. However, as economies begin to recover, growth

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Podcast: Risk-on to rock on in second half

Podcast: Risk-on to rock on in second half

🕔17:41, 24.May 2021

The economic recovery should broaden into a synchronised global upturn in the course of the second half of this year, favouring risky assets including commodities, equities generally and notably emerging market equities. An equity correction should be seen as a

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Barometer: Het zit ‘m in de prijs

Barometer: Het zit ‘m in de prijs

🕔08:47, 13.May 2021

Terwijl de economische omstandigheden blijven verbeteren, zijn er tekenen dat de rally in de markt vooruitloopt op de fundamentals. Wij hebben onze positie in aandelen dan ook teruggebracht tot 'neutraal'. Na slechts vier maanden hebben de wereldwijde aandelenmarkten onze doelstellingen

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Five Forces in International Equities Investors May Be Underestimating

Five Forces in International Equities Investors May Be Underestimating

🕔09:24, 20.Apr 2021

China, Japan, technology, and value have potential to shape global markets in 2021 and beyond. T. Rowe Price Insights on International Equities: The rapid rise of China to the world’s second‑largest economy is widely observed. Yet, investors appear to underappreciate China’s

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Fund manager interview: maintaining a global focus

Fund manager interview: maintaining a global focus

🕔12:12, 13.Apr 2021

With economies looking towards a post-Covid world and concerns around inflation growing, we talk to the manager of the Global Focus strategy about what 2021 might have in store

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Inflation, long-term yield, equities: A merry dance in March

Inflation, long-term yield, equities: A merry dance in March

🕔09:47, 13.Apr 2021

At 2.5% for the MSCI AC World index, the rise in global equities in March was close to February’s 2.2%. It wasn’t all smooth running, though, as the advance of equities was challenged by a rise in US bond yields on the back of a favourable economic outlook that also prompted inflation fears.

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Barometer: Laat de rally doorgaan

Barometer: Laat de rally doorgaan

🕔11:15, 12.Apr 2021

Barometer: Laat de rally doorgaan  April 2021 Ruime monetaire en fiscale stimulansen zouden de economie en de bedrijfswinsten een sterke duw in de rug moeten geven. Daarom blijven we de voorkeur geven aan cyclische aandelen. De wereldeconomie kent een sterke

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China: Transitioning To A Brave New World

China: Transitioning To A Brave New World

🕔16:04, 9.Apr 2021

The return of volatility to China markets. China’s equity markets have been roiled by a combination of concerns in recent weeks, culminating in the fallout from the Archegos family office liquidations in late March. However, this volatility has retraced …

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How to Turn Value at Risk into Value from Risk

How to Turn Value at Risk into Value from Risk

🕔08:19, 9.Apr 2021

In this research piece, we demonstrate the value of the Axioma Worldwide Equity Linked Factor Risk Model (WWLM4-MH or ‘Global Linked Model’) for solving two very common analytical problems when managing global portfolios. Global equity mandates are often broken into

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Asian equities inspire confidence, even after volatile quarter

Asian equities inspire confidence, even after volatile quarter

🕔10:53, 7.Apr 2021

Asian equities peaked twice in the first quarter amid optimism over the recovery in China, the prospect of improved relations between the new US administration and China, and the arrival of COVID-19 vaccines. Zhikai Chen, head of Asian equities, argues the outlook for much of the region remains positive, even after a valuation-related stumble.

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Podcast: Strong fundamentals underpin Asian equities

Podcast: Strong fundamentals underpin Asian equities

🕔13:43, 2.Apr 2021

Asian equities rode high early in the year amid optimism over the recovery in China, the new US administration and improved relations with China, and the advent of vaccines. The outlook for investor flows into much of the region remains positive, even after a recent valuation-related setback. Zhikai Chen, head of Asian equities, discusses the prospects for the asset class this year.

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Podcast: Good Momentum for Value and ESG investing

Podcast: Good Momentum for Value and ESG investing

🕔09:19, 31.Mar 2021

A compelling investment opportunity: Japanese equities offer attractively priced and more visible earnings growth for 2021 and beyond. Nevertheless, Japanese equities are currently trading at a discount to global equities. And Japan equity markets have outpaced major developed market equities both in 2020 and year-to-date in 2021 as the world seeks to transition to a post-pandemic recovery.

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Relationships are not easy: US equities versus Treasuries

Relationships are not easy: US equities versus Treasuries

🕔16:54, 24.Mar 2021

As the economy recovers and cyclical stocks begin to outperform, how should we think about the connection between equities and US Treasury yields? A recent rapid increase in US Treasury yields has unsettled equity markets, and to understand this

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Has the Fed Turned Hawkish by Allowing Bond Yields to Surge?

Has the Fed Turned Hawkish by Allowing Bond Yields to Surge?

🕔09:33, 17.Mar 2021

Has the Fed Turned Hawkish by Allowing Bond Yields to Surge? It seems happy to let financial market conditions tighten.  Surging yields on U.S. government debt are tightening financial market conditions, but the response to this from Federal Reserve Chairman

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Distinguishing between short and long-term issues

Distinguishing between short and long-term issues

🕔11:50, 16.Mar 2021

Distinguishing between short and long-term issues Weekly investment update Keeping a weekly column like this one going brings home the sense of immediacy that frequently grips financial markets and that can fuel short-term spikes or dips as we have seen

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7 redenen waarom China een goede plek is voor lange-termijn Alpha

7 redenen waarom China een goede plek is voor lange-termijn Alpha

🕔10:06, 25.Feb 2021

Volgens BNP Paribas Asset Management zijn er volop redenen om te veronderstellen dat de Chinese aandelenmarkt de plek is om lange termijn alpha te behalen.

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